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Havells - About the company

Havells is a public company based in Noida (India), founded in 1983 by Qimat Rai Gupta. It operates as an Electrical equipment manufacturer. Havells has raised an undisclosed amount in funding. The company has 302 active competitors, including 5 funded and 25 that have exited. Its top competitors include companies like Samsung, Atomberg and Mitsubishielectric.

Company Details

Founded in 1958, Havells India is a electrical equipment company with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL, luminaries for domestic, commercial & industrial applications, modular switches, water heater and domestic appliances. Havells owns brands like Crabtree, Sylvania, Concord, Lumiance and has 91 branches / representative offices and 12 manufacturing plants in India.
Social
XFacebook
Email ID
*****@havells.com, *****@havells.com
Phone Number
+91 **********, +91 **********
Registered Address
904, 9th Floor, Surya Kiran Building, K G Marg, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
1983
Location
Noida, India
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
7,161 as on Mar 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Havells's IPO details

Havells got listed on Feb 08, 1994.
Click here to take a look at Havells's IPO in detail
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Havells's funding and investors

Havells has raised funding over 3 rounds. Its first funding round was on Nov 17, 2011. Its latest funding round was a Post IPO round on May 21, 2014 for $*****. 1 investor participated in its latest round. Havells has 9 institutional investors.

Here is the list of recent funding rounds of Havells:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 21, 2014
1849586
Post IPO
9287228
7793628
2021031
1610200
May 25, 2012
5492214
Conventional Debt
3726167
4197229
7890189
Nov 17, 2011
1423967
Post IPO
6658690
7363352
3107197
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Havells' founders and board of directors

Founder? Claim Profile
The founders of Havells is Qimat Rai Gupta.
Here are the details of Havells' key team members:

Havells' Board of Directors

Havells's board has 14 active members. Anil Rai Gupta is part of team and Rajesh Kumar Gupta, Puneet Bhatia, Jalaj Ashwin Dani, Ameet Kumar Gupta, Surjit Kumar Gupta, Namrata Kaul, Vivek Mehra, Ashish Bharat Ram, Subhash Sheoratan Mundra, ​Upendra Kumar Sinha, Mohandas Tellicheery Venkataraman Pai, Siddhartha Pandit and Prasada Rao Bontha are independent board members.
Here is the list of Havells' board of directors:
Name
Type
Representing
Status
Duration
puivjgp
Team
-
Current
6y 8m
Independent board member
-
Current
34y 2m
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Independent board member
-
Current
1y 7m
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Independent board member
-
Current
8y 9m
djzlxip
Independent board member
-
Current
6y 2m
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Independent board member
-
Current
5y 3m
hujpocv
Independent board member
-
Current
2y 9m
lqk{kxf
Independent board member
-
Current
4y 5m
kasjaza
Independent board member
-
Current
6y 2m
hvs{iue
Independent board member
-
Current
3y 4m
urdpyv{
Independent board member
-
Current
2y 1m
bgjh{za
Independent board member
-
Current
9y 8m
isaoecm
Independent board member
-
Current
9y 7m
krzgnai
Independent board member
-
Current
9y 1m

Havells' employee count trend

Havells has 7,161 employees as of Mar 25. The total employee count is 4.0% lower than what it was in Mar 24. Here is Havells's employee count trend over the years:
Employee count trend for Havells
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Havells's Competitors and alternates

Top competitors of Havells include Samsung, Atomberg and Mitsubishielectric. Here is the list of Top 10 competitors of Havells, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Samsung
Samsung
1938, Suwon-si (South Korea), Public
Manufacturer of multi category electronic products
-
79/100
2nd
Logo for Atomberg
Atomberg
2012, Mumbai (India), Series C
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks
$119M
77/100
3rd
Manufacturer of diverse electrical and electronic products, systems, and solutions
-
75/100
4th
Logo for Havells
Havells
1983, Noida (India), Public
Electrical equipment manufacturer
-
66/100
5th
Logo for Coway
Coway
1989, Seoul (South Korea), Acquired
Provider of water purification, air purification, and mattress rental services
-
67/100
6th
Logo for Delta Electronics
Delta Electronics
1971, Taipei (Taiwan), Public
Power management and thermal solutions provider
-
66/100
7th
Logo for Nuuk
Nuuk
2023, Gurugram (India), Series A
Manufacturer of design-first appliances, including air fryers, fans, vacuum cleaners
$10M
66/100
8th
Logo for Orient Electric
Orient Electric
1954, Delhi (India), Public
Manufacturer of home and kitchen appliances
-
-
58/100
9th
Logo for HPL Electric & Power
HPL Electric & Power
1992, Noida (India), Public
Manufacturer of electrical equipment products
-
-
53/100
10th
Logo for IFB Industries
IFB Industries
1974, Kolkata (India), Public
Brand of home appliances
-
51/100
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Havells's Investments and acquisitions

Havells has made 13 investments in companies including Dhun Wellness and Goldi Solar. Havells has also acquired 1 companies including Promptec Renewable Energy Solutions.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 22, 2026
Investments
2025
Mumbai (India)
Jun 12, 2025
Investments
2011
Surat (India)
Dec 29, 2023
Investments
2020
Ahmedabad (India)
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See all investments by Havells

Reports related to Havells

Here is the latest report on Havells's geography:

News related to Havells

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Media has covered Havells for a total of 16 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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FAQs about Havells

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